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STOCK OPTIONS/STOCK-BASED COMPENSATION (Tables)
12 Months Ended
Dec. 31, 2015
STOCK OPTIONS/STOCK-BASED COMPENSATION [Abstract]  
Restricted stock activity
The following table reflects the outstanding restricted stock awards and activity related thereto for the years ended December 31, 2015, 2014 and 2013:

  
Year Ended
  
Year Ended
  
Year Ended
 
  
December 31, 2015
  
December 31, 2014
  
December 31, 2013
 
  
Number
  
Weighted-
  
Number
  
Weighted-
  
Number
  
Weighted-
 
  
of
  
Average
  
Of
  
Average
  
Of
  
Average
 
  
Shares
  
Price
  
Shares
  
Price
  
Shares
  
Price
 
Restricted Stock Awards:
            
Restricted Shares Outstanding at the
   Beginning of the Year
  
538,499
  
$
13.54
   
592,565
  
$
16.84
   
777,437
  
$
18.93
 
Shares Granted
  
2,112,998
   
6.29
   
299,416
   
12.09
   
353,596
   
15.33
 
Shares Forfeited
  
(1,397
)
  
14.79
   
-
   
-
   
(39,049
)
  
16.78
 
Lapse of Restrictions
  
(284,704
)
  
12.24
   
(353,482
)
  
17.84
   
(499,419
)
  
19.03
 
Restricted Shares Outstanding at the
   End of the Year
  
2,365,396
  
$
7.15
   
538,499
  
$
13.54
   
592,565
  
$
16.84
 
Stock option activity
Changes in stock options for the years ended December 31, 2015, 2014, and 2013 were as follows:

  
Number
of
Shares
  
Weighted Average Exercise Price
  
Remaining Contractual Term
(in Years)
  
Intrinsic Value
 
2015:
        
         
Beginning Balance
  
141,872
  
$
5.18
   
-
  
$
-
 
Granted
  
-
   
-
   
-
   
-
 
Exercised
  
-
   
5.18
   
-
   
-
 
Forfeited
  
-
   
-
   
-
   
-
 
Outstanding at December 31
  
141,872
   
5.18
   
1.8
   
-
 
Exercisable
  
141,872
   
5.18
   
1.8
   
-
 
Ending Vested
  
141,872
   
5.18
   
1.8
   
-
 
Weighted Average Fair Value of Options Granted During Year
     
$
-
         
                 
2014:
                
                 
Beginning Balance
  
241,872
  
$
5.18
   
-
  
$
-
 
Granted
  
-
   
-
   
-
   
-
 
Exercised
  
(100,000
)
  
5.18
   
-
   
-
 
Forfeited
  
-
   
-
   
-
   
-
 
Outstanding at December 31
  
141,872
   
5.18
   
2.8
   
66,680
 
Exercisable
  
141,872
   
5.18
   
2.8
   
66,680
 
Ending Vested
  
141,872
   
5.18
   
2.8
   
66,680
 
Weighted Average Fair Value of Options Granted During Year
     
$
-
         
                 
2013:
                
                 
Beginning Balance
  
251,963
  
$
5.18
   
-
  
$
-
 
Granted
  
-
   
-
   
-
   
-
 
Exercised
  
(10,091
)
  
5.18
   
-
   
-
 
Forfeited
  
-
   
-
   
-
   
-
 
Outstanding at December 31
  
241,872
   
5.18
   
3.8
   
2,392,000
 
Exercisable
  
241,872
   
5.18
   
3.8
   
2,392,000
 
Ending Vested
  
241,872
   
5.18
   
3.8
   
2,392,000
 
Weighted Average Fair Value of Options Granted During Year
     
$
-